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Royal Lawncare Company produces and sells two packaged products Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit

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Royal Lawncare Company produces and sells two packaged products Weedban and Greengrow. Revenue and cost information relating to the products follow: Selling price per unit Variable expenses per unit Traceable fixed expenses per year Product Weedban Greengrow $ 9.00 $ 40.00 $ 3.00 $ 14.00 $ 137,000 $ 46,000 Last year the company produced and sold 35,000 units of Weedban and 20,000 units of Greengrow. Its annual common fixed expenses are $96,000. Required: Prepare a contribution format income statement segmented by product lines

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